October 25, 2017
Re: Take Action TODAY to Protect NJ Taxpayers and Municipalities
Tomorrow the United States House of Representative will be asked to vote on a budget resolution. If passed in its current form, that budget would allow Congress, as it considers tax reform, to deny citizens the ability to claim a Federal Income Tax deduction for the amount of money they have already paid, in state and local taxes. This deduction, known by the acronym SALT (for State And Local Taxes), has been part of the United States tax code as long as there has been a federal income tax.
Repeal of the SALT deduction could lower home values and constrain New Jersey local budgets, which rely on property taxes to fund essential services and programs, more so than municipalities in any other state.
As a local leader, committed to what is best for your citizens and your municipality, please contact your Congressional District’s Representative in the House today. Sending a strong message of opposition to the elimination of the SALT deduction will help to ensure that New Jersey’s entire Congressional delegation will refuse to support any bill that puts this deduction at risk.
Take action today:
Please call your member of Congress (202) 224-3131 and urge them to protect SALT.
You can click here for talking points on this vital issue.
Please contact us if you have any questions or concerns. But please, act today. Thank you for your consideration.
Michael Darcy, CAE